MBAC Marks First Production of SSP at Itafós

TORONTO, July 11, 2013 /CNW/ - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX:MBC and OTCQX:MBCFF) is pleased to announce that it has begun production of Single Super
Phosphate ("SSP") powder at its Itafós Arraias SSP Project ("Itafós" or
the "Project"). The production of the SSP powder marks an important
milestone as the Company continues its transition from a developer into
an integrated producer of fertilizer products in the Brazilian and
Latin American markets.

MBAC management expects to be in a position to start delivering
granulated SSP product to settle existing contracts later this month.
The Company will continue to refine the processes in an effort to
improve efficiency of the operations and product quality in the
ordinary course of the ramping-up of the operations. The Company
expects that it will have reached nominal production during the Autumn
of 2013.

The Company remains focused on its sales effort and believes it can
accelerate this effort now that it has started to produce SSP powder.
Management continues to believe that it will be able to sell into
Brazil's upcoming planting season.

About MBAC

MBAC is focused on becoming a significant integrated producer of
phosphate and potash fertilizers and related products in the Brazilian
and Latin American markets. MBAC has an experienced team with
significant experience in the business of fertilizer operations,
management, marketing and finance within Brazil. In October 2008, MBAC
acquired Itafós Mineração Ltda., which consisted of a phosphate mine, a
mill and plant and related infrastructure, all located in central
Brazil. Since late 2012, such operations have been phased out as the
Company completed the construction of the Itafós Arraias SSP Project.
MBAC's exploration portfolio also includes a number of additional
exciting phosphate and potash projects, which are also located in
Brazil. The Santana Phosphate project is a high grade phosphate deposit
located in close proximity to the largest fertilizer market of Mato
Grosso State and animal feed market of Pará State. The Company
continues to search for additional fertilizer opportunities in the
Brazilian and other Latin-American markets, where strong agricultural
fundamentals and unique opportunities are expected to provide
attractive growth opportunities in the near future. Further information
on MBAC can be found on the Company's website at www.mbacfert.com and
on SEDAR at www.sedar.com.

FORWARD LOOKING STATEMENTS

This press release contains "forward-looking statements" within the
meaning of applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to, statements related to
activities, events or developments that the Company expects or
anticipates will or may occur in the future, including, without
limitation, statements related to the Company's business strategy,
objectives and goals; the expectation of Itafós becoming a significant
integrated producer of phosphate and potash fertilizers and related
products in the Brazilian and Latin American markets the expectation in
relation to Itafós being completed within the disclosed timeline, the
expectation that the Company will be able to improve efficiency in the
operations and product quality, the belief that the Company will reach
nominal production during the Autumn of 2013, the belief that the
Company will be able to sell into this year's planting season.
Forward-looking statements are often identified by the use of words
such as "plans", "planning", "planned", "expects" or "looking forward",
"does not expect", "continues", "scheduled", "estimates", "forecasts",
"intends", "potential", "anticipates", "does not anticipate", or
"belief", or describes a "goal", or variation of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements are based on a number of factors and
assumptions made by management and considered reasonable at the time
such statements are made, and forward-looking statements involve known
and unknown risks, uncertainties and other factors may cause the actual
results, performance or achievements to be materially different from
those expressed or implied by the forward-looking statements. Such risk
factors include, among others, the Company not being successful at
becoming a significant integrated producer of phosphate and potash
fertilizers and related products in the Brazilian and Latin American
markets, the expectation in relation to Itafós being completed within
the disclosed timeline, the Company not being able to deliver product
and settle the existing contracts later this month, the anticipated
ability to refine the processes to improve efficiency of the operations
and product quality, the Company not being able to reach nominal
production by October 2013, the Company's expectation to sell into this
year's planting season, as well as those factors disclosed in the
Company's current Annual Information Form and Management's Discussion
and Analysis, as well as other public disclosure documents, available
on SEDAR at www.sedar.com. Although MBAC has attempted to identify
important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results not to
be as anticipated, estimated or intended. There can be no assurance
that forward-looking statements will prove to be accurate. The
forward-looking statements contained herein are presented for the
purposes of assisting investors in understanding the Company's plan,
objectives and goals and may not be appropriate for other purposes.
Accordingly, readers should not place undue reliance on forward-looking
statements.